International fleet management company LeasePlan announced that the number of vehicles in its fleet has exceeded the 1.5m mark.

"LeasePlan is the first fleet management and driver mobility company in the global leasing industry to reach operations of this scale, a landmark confirming its global market leadership," the company wrote.

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LeasePlan, which operates in 32 countries, has seen an 8% year-on-year increase in the number of vehicles under its management, up from 1.4m at the end of September 2014.

SMEs have become LeasePlan’s fastest-growing client segment, reaching double digit growth, up 11% year-on-year, fuelling the expansion of the company’s global fleet. Large international clients remained an important segment for the company, served by LeasePlan International. This business witnessed an 8% growth year on year.

Nick Salkeld, chief commercial officer at LeasePlan, said: "Being the first company in our industry to reach the 1.5 million vehicle landmark confirms once again our global market leadership and underlines the success of our growth strategy. We do not however just want to be market leaders in fleet size – this landmark also confirms the confidence that our customers have in our company and the great team of LeasePlan people in all our countries who deliver our services worldwide.

"We want to continue to be market leaders in all that we do: in customer service, in product innovation and in the driver mobility solutions we offer. And we are not complacent. We will continue with our drive for growth, for customer service excellence and our commitment to lead the market in making the lives of our customers easier."

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